NOT LISTED FOR SALE

551 56th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,469,000 - $1,740,000

Studio
-- Bath
3,270 Sq Ft
$490/Sq Ft Est. Value

About This Home

This home is located at 551 56th St, Brooklyn, NY 11220 and is currently estimated at $1,603,333, approximately $490 per square foot. 551 56th St is a home located in Kings County with nearby schools including P.S. 503: The School of Discovery, IS 220 John J. Pershing, and Fort Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2011
Sold by
Hom
Bought by
Huang Abby Bihua and Lin Steven
Current Estimated Value
$1,603,333

Purchase Details

Closed on
Aug 2, 2001
Sold by
Huang Qia Min
Bought by
Lin Steven and Lin Zhi Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,150
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huang Abby Bihua -- --
Lin Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Steven $314,150
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,283 $100,860 $29,880 $70,980
2024 $8,283 $102,360 $29,880 $72,480
2023 $7,902 $102,780 $29,880 $72,900
2022 $5,499 $84,120 $29,880 $54,240
2021 $7,352 $82,320 $29,880 $52,440
2020 $7,394 $85,740 $29,880 $55,860
2019 $7,189 $85,140 $29,880 $55,260
Source: Public Records

Map

New York Kings County Brooklyn 11220 Sunset Park

551 56th St, Brooklyn, NY

Not Listed for Sale

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